Memberships

Level 1 Large Group Mentoring: 'The Pit Report' and Website Access

Option Pit’s Large Group Mentoring is designed to feed option traders the best daily options trading content on the web. Presented live every day for at 45-60 minutes, the 'Pit Report' covers speculative option trades, entry, managment, and exit of income positions, and an educational discussion. The Pit Report is designed to include content simple enough for the most novice option trader while providing valuable insight that even the most advanced trader will find useful.  The Pit Report, while focused on options also includes discussions on futures, stocks and commodities.  A recording is posted later that day for those that are unable to attend the event live and subscribers have access to the complete archive which includes hundreds of hours of content.  In the Pit Report, members will see our three pillars of successful option trading: trade structure, risk management, and capital efficiency put into action.

Our Large Group Mentoring 'The Pit Report' is divided into three parts:

1. Speculative Trades: the trainer will go over one or more interesting speculative trades on a daily basis

2. Income Trades: the mentor will enter and manage condors, butterflies and calendars in a small portfolio.  Traders will be able to watch, in an easy and understandable way how true professionals trade, decide on entry, adjust trades, and exit points.

3. Teaching: the educator will pick a subject to discuss, or answer a set of student questions every day.

The Pit Report is like getting a newsletter service, and mentoring all in one place.  Traders will also have access to all past Pit Reports.  The low price also includes access to the member forums, TrackData Newsware, Equity Arb. 

This is the best value in daily group option education

As a bonus, once a week, Mark will cover a special topic in a 'Pit Report Specialty Class' some past specialty classes are: butterflies, condors, ratio spreads, calendars, insurance, the VIX options, and trading the SPX.  We also periodically have guest speakers like Jeff Quinto, Michael Benklifa, and Jeff Augen

 

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Level 2 Future Professional’s Course

Our Level 2 option trader training program is more comprehensive and advanced than most programs that claim to teach people to become option traders. We also provide our services at a price point that is far more reasonable than many other option trader mentoring programs. We won’t deplete your capital before you get started!

This program was developed by former market maker, professional option trader, and mentor Mark Sebastian. This content and structure was designed with the input of other professional option traders, educators, and from students. The option trader program uses a combination of individual mentoring, small group study, and classroom to increase the speed of learning, as well as present far more advanced materials. The program focus is on our three pillars that make a successful professional option trader: Trade Structure, Risk Management, and Efficient Use of Capital.

Level 2 Future Professional’s Course consists of the following:

• Months 1–5: Small Group Mentoring-during this time traders will learn the 'hard' stuff from the greeks too trade set up.

• Months 6–10: Individual Mentoring-during this time traders will learn to enter, manage, adjust, and close live trades.

• Pit Report: One Year

• Support: One Year

NEW:  Option Pit's Crowd Meetings, a weekly student led discussion on topics from entering trades to the best analysis software.

Topic's Covered Are:

• Speculative Trades

• Credit Spreads

• Debit Spreads

• Condors and Iron Condors

• Butterflies and Iron Butterflies

• Long Calendars and short calenars

• Adjust and manage any trade

• Double Diagonals

• Hedging

• Units

• Adjust any trade

• Futures and Index Options

Trader's will also learn to master executing the order's themselves furthering their 'edge' when they enter and exit trades This is the best value in option mentoring available.  

We are so certain you will like this product we offer a 30 day risk free trial!  If you do not like the product after 30 days we will refund every dollar, no questions asked.  Register NOW!!!!

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Level 3 Professional Traders Membership

Option Pit’s exclusive Level 3-Professional Option Trading Course is the most in-depth and advanced training program for individual retail option traders. The Professional Option Trading Course is being taught by veteran market maker, professional trader and mentor, Mark Sebastian. This is the only program specifically designed to meet the needs of the advanced option trader; motivating traders to reach their peak potential. The focus continues to be on Option Pit’s three pillars of success – Trade Structure, Risk Management and the Efficient Use of Capital. The Professional Option Trading Course fills two very important and unmet needs of professional traders: extensive mentoring in the management of large amounts of capital and a member’s area exclusively for professional traders.

Level 3 Professional Traders Membership consists of the following:

Part 1 Mentoring The material covered will include:

  1. Position management
  2. Aggressive income strategies
  3. Adjustments and hedges for traders with portfolio margin
  4. Trading from the long side of premium
  5. Gamma scalping
  6. Protecting a large position
  7. Capital allocation
  8. Trading futures outright or as a hedge
  9. Trading options on futures and commodities
  10. Order execution
  11. Volatility swaps
  12. Term trading
  13. Non-traditional income strategies

Part 2 Professional Membership Professionals Members will have:

  1. Level 3-only classroom discussions
  2. Guest Speakers
  3. Student-led group meetings
  4. A private chat area for Level 3 students only
  5. Private message board
  6. Exclusive discounts and free trading soft
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Free Membership
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Level 2 Future Professional’s Course (6 payments)

Our Level 2 option trader training program is more comprehensive and advanced than most programs that claim to teach people to become option traders. We also provide our services at a price point that is far more reasonable than many other option trader mentoring programs. We won’t deplete your capital before you get started!

This program was developed by former market maker, professional option trader, and mentor Mark Sebastian. This content and structure was designed with the input of other professional option traders, educators, and from students. The option trader program uses a combination of individual mentoring, small group study, and classroom to increase the speed of learning, as well as present far more advanced materials. The program focus is on our three pillars that make a successful professional option trader: Trade Structure, Risk Management, and Efficient Use of Capital.

Level 2 Future Professional’s Course consists of the following:

• Months 1–4: Small Group Mentoring
• Months 5–8: Individual Mentoring
• Pit Report: One Year
• Support: One Year

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Level 3 Professional Traders Membership (6 payments)

Option Pit’s exclusive Level 3-Professional Option Trading Course is the most in-depth and advanced training program for individual retail option traders. The Professional Option Trading Course is being taught by veteran market maker, professional trader and mentor, Mark Sebastian. This is the only program specifically designed to meet the needs of the advanced option trader; motivating traders to reach their peak potential. The focus continues to be on Option Pit’s three pillars of success – Trade Structure, Risk Management and the Efficient Use of Capital. The Professional Option Trading Course fills two very important and unmet needs of professional traders: extensive mentoring in the management of large amounts of capital and a member’s area exclusively for professional traders.

Level 3 Professional Traders Membership consists of the following:

Part 1 Mentoring The material covered will include:

  1. Position management
  2. Aggressive income strategies
  3. Adjustments and hedges for traders with portfolio margin
  4. Trading from the long side of premium
  5. Gamma scalping
  6. Protecting a large position
  7. Capital allocation
  8. Trading futures outright or as a hedge
  9. Trading options on futures and commodities
  10. Order execution
  11. Volatility swaps
  12. Term trading
  13. Non-traditional income strategies

Part 2 Professional Membership Professionals Members will have:

  1. Level 3-only classroom discussions
  2. Guest Speakers
  3. Student-led group meetings
  4. A private chat area for Level 3 students only
  5. Private message board
  6. Exclusive discounts and free trading soft
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Free Website Access Future Pros Course Professional Traders
Morning Pit Report
Mid-Day Pit Report
News and Information Services
Message Board
Special Discounts
Trader's Textbook
Level 2 Training Archive
Level 3 Training Archive
Live Trading Help Desk
Small Group & 1 on 1 Mentoring
100% 1 on 1 Mentoring
Daily Chat Rooms
Professional Traders Club